If It’s Not FOSS, It’s Not Bitcoin \ stacker news ~bitcoin

If It’s Not FOSS, It’s Not Bitcoin medium.com/breez-technology/if-its-not-foss-it-s-not-bitcoin-9a6bc53182e5

17.8k sats \ 18 comments \ @NewsnNudes 27 Nov 2023 bitcoin

by wonderful @roy🔥🔥

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73 sats \ 1 reply \ @roy 27 Nov 2023

Thank you 🙏

0 sats \ 0 replies \ @NewsnNudes OP 27 Nov 2023

good work as usual.

12 sats \ 1 reply \ @nicosey 27 Nov 2023

FOSS is about trust. Article is spot on.

How about times do we hear, don't trust verify? Closed sourced bitcoin companies are not bitcoin companies...

30 sats \ 0 replies \ @jamierobinson 27 Nov 2023

The article is addressing FOSS vs verifiable/visible code that just can’t be commercially copied. This lets everyone verify 100%, while affording copyrights to dev’s years investment into developing it.

10 sats \ 0 replies \ @rafael_xmr 28 Nov 2023

Very based, "source available/verifiable" software is proprietary and NOT free software.

10 sats \ 0 replies \ @BitByBit21 27 Nov 2023

I wonder what @nvk thinks about it...

0 sats \ 0 replies \ @TwoLargePizzas 28 Nov 2023

While I agree 100% with FOSS principles I don't think you're going to get rid of closed source companies building on top of Bitcoin just because you don't like it.

The best we can hope for is FOSS alternatives. And by that logic, our efforts should be put towards building those FOSS alternatives. It's one thing to declare the problem, it's another thing to implement the solution.

While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model. -- Satoshi Nakamoto

Satoshi declared the problem in his whitepaper. Then the proceeded to implement the solution. That's the winning formula.

0 sats \ 0 replies \ @Lederhosen 27 Nov 2023

Good read

0 sats \ 5 replies \ @jamierobinson 27 Nov 2023

Expecting everyone to work for free is not reasonable. There must be a mix. Direct profit drives invention. Article ignores the time cost of removing incentives.

410 sats \ 1 reply \ @rafael_xmr 28 Nov 2023

No one writes software for free, ever. The more software you write, the greater your experience. The greater your portfolio. The greater you can solve difficult problems. This is the highest paying currency in the job market. You are getting paid every second that you put in, in exchange for your time.

0 sats \ 0 replies \ @jamierobinson 3 Dec 2023

Parts of this is very true and parts are very fantasy.

57 sats \ 1 reply \ @garyKrause_ 27 Nov 2023

FOSS doesn’t mean you’re working for free. The challenging part is monetizing FOSS projects. But it does happen.

0 sats \ 0 replies \ @jamierobinson 27 Nov 2023

Sure, but challenging = time cost. I want direct incentives to entice more entrepreneurs, so I won’t demand FOSS. I’m a FOSS supporter and user.

0 sats \ 0 replies \ @cyberpunk02 28 Nov 2023

Bitcoin allows for a lot more self directed unknowable value creation, which I think ends up creating more innovation, even without upfront financial incentives (I think that "direct profit drives ~innovation" market will get very efficient and so there will be extra time for many personal projects. You can't tell If a new thing will be profitable/valuable so if your betting time or money, it's similar, just becomes more directed by the talent... Still for now, best to give a lot of value for value, FOSS donations, use and even I think paid use🤪 .. For example buy Purism products etc.